Fund summary

Charges

Standard initial charge

5.00%

Initial charge via Bestinvest

0.00%

Additional bid/offer spread

0.00%

Annual management charge

0.75%

Ongoing charges figure

1.49%

Risks

Before investing make sure you have understood the risks relevant to the fund by reviewing our Risk Warnings section. Further information on the risks are contained in the fund's Key Investor Information Document, which we make available to you before you make a decision to invest, alternatively it is available on request.

Portfolio details

Constraints

Performance figures are based on the average of monthly
percentage returns relative to the benchmark index.

James Spence

No information available.

Track record

The track record of James Spence in managing mutual funds in this sector is still too short for us to draw any meaningful conclusions and so our assessment is based largely on qualitative aspects.

Periods of worst performance

Absolute

-4%
(December 2015 - January 2016)

Relative

-22%
(September 2015 - August 2017)

Other funds managed

Start Date

TM CERNO SELECT C

–

Sector record since
September 2015 (2 yrs)

About the MRI

Our unique indicator: the Bestinvest Manager Record Index (MRI)
measures the likelihood that the fund manager is adding value through their decisions.
It is based on their performance record over the course of their career, adjusted
for the amount of risk taken. MRI is an important contributor to our fund rating
system but it is also vital to take account of qualitative factors. It is also very
important to select funds to form a cohesive portfolio with an appropriate overall
risk level.

The value of your investment can go down as well as up, and you can get back less than you originally invested.

Past performance or any yields quoted should not be considered reliable indicators of future returns. Restricted advice can be provided as part of other services offered by Bestinvest, upon request and on a fee basis. Before investing in funds please check the specific risk factors on the key features document or refer to our risk warning notice as some funds can be high risk or complex; they may also have risks relating to the geographical area, industry sector and/or underlying assets in which they invest. Prevailing tax rates and relief are dependent on your individual circumstances and are subject to change.